Time the EU updated its way of regulating financial services

First-hand experience shows European policymakers have a poor grasp of what it takes to regulate finance in the technological age

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By

Ashley Fox

May 15, 2018 Updated: 9:56 a.m. GMT

Europe has some of the most innovative entrepreneurs in the world, and nowhere more so than in our financial services sector in the UK.

Our start-ups are developing disruptive technologies to meet consumers’ desire for seamless financial services, and our banks have followed suit committing vast resources to accelerators and incubators to reduce friction in the market.